Asio Capital, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Asio Capital, LLC reported 106 stock positions worth $517.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 9.1% of the portfolio, followed by JPMorgan Municipal ETF (JMUB, 5.5%) and iShares National Muni Bond E (MUB, 4.3%). Compared with Q4 2024, it opened 12 new positions, sold out of 10, added to 60 and reduced 27. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +21%) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −20%).

Most Recent 13F
Q2 2026
Location
LEXINGTON, KY
CIK
0001803291
Portfolio Value
$517.4M (Q1 2025)
SEC Filing
0001803291-25-000002 ↗ filed Apr 17, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $471.1M Q1 2024 Q2 2024: $488.6M Q2 2024 Q3 2024: $526.8M Q3 2024 Q4 2024: $529.4M Q4 2024 Q1 2025: $517.4M $517.4M Q1 2025 Q2 2025: $600.2M Q2 2025 Q3 2025: $668.0M Q3 2025 Q4 2025: $708.8M Q4 2025 Q1 2026: $712.1M Q1 2026 Q2 2026: $780.9M Q2 2026

Holdings 106 stocks · $517.4M
IVV iShares Core S&P 500 ETF 9.12% 83,942 $47.2M Add +20.7%
JMUB JPMorgan Municipal ETF 5.46% 564,535 $28.2M Add +8.9%
MUB iShares National Muni Bond E 4.26% 208,922 $22.0M Reduce -1.3%
NVDA Nvidia Corp. 3.47% 165,418 $17.9M Reduce -0.3%
IJR iShares Core S&P Small-Cap E 3.03% 150,063 $15.7M Reduce -20.3%
VCSH Vanguard S/T Corp. Bond ETF 2.98% 195,529 $15.4M Add +15.5%
META Meta Platforms Inc. Class A 2.61% 23,432 $13.5M Add +1.3%
GOOG Alphabet Inc. Class C 2.52% 83,346 $13.0M Add +1.3%
AAPL Apple Inc. 2.39% 55,653 $12.4M Reduce -0.0%
MSFT Microsoft Corp. 2.31% 31,791 $11.9M Add +2.4%
JMBS Janus Henderson Mortg Backed 2.18% 249,656 $11.3M Add +18.1%
AMZN Amazon.com Inc. 2.15% 58,381 $11.1M Add +1.6%
VXF Vanguard Extended Market ETF 2.09% 62,731 $10.8M Add +1.1%
AVGO Broadcom Inc. 1.73% 53,370 $8.9M Add +0.4%
PANW Palo Alto Networks Inc. 1.70% 51,639 $8.8M Add +1.2%
V Visa Inc. Class A 1.66% 24,460 $8.6M Add +0.9%
UNH Unitedhealth Group Inc. 1.58% 15,599 $8.2M Add +5.8%
NFLX Netflix Inc. 1.58% 8,748 $8.2M Add +0.8%
UBER Uber Technologies Inc. 1.55% 109,890 $8.0M Add +2.9%
TMSL T.rowe PRC Small-Mid Cap ETF 1.32% 224,891 $6.9M Add +159.4%
CRM Salesforce Inc. 1.30% 25,016 $6.7M Add +4.6%
DECK Deckers Outdoor Corp. 1.23% 57,032 $6.4M Add +3.1%
ELV Elevance Health Inc. 1.21% 14,356 $6.2M Add +31.6%
IGIB iShares 5-10Y Inv Grade Corp. 1.17% 114,900 $6.0M Reduce -0.7%
HCA HCA Healthcare Inc. 1.14% 17,062 $5.9M Add +0.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.12% 139,303 $5.8M Reduce -0.3%
FDX FedEx Corp. 1.08% 22,826 $5.6M Add +0.9%
FANG Diamondback Energy Inc. 1.06% 34,353 $5.5M Add +5.2%
CRH CRH PLC 1.00% 58,842 $5.2M Add +1.8%
TSCO Tractor Supply Company 0.96% 90,587 $5.0M Add +1.0%
LOW Lowe's Cos Inc. 0.96% 21,193 $4.9M Add +3.8%
ADBE Adobe Inc. 0.95% 12,870 $4.9M Add +2.3%
MELI MercadoLibre Inc. 0.93% 2,474 $4.8M Add +2.5%
GEV GE Vernova Inc. 0.90% 15,256 $4.7M Add +1.7%
PEP Pepsico Inc. 0.90% 31,046 $4.7M Add +2.2%
BINC iShares Flex I A ETF-Usd Inc. 0.90% 88,441 $4.6M Add +99.7%
C Citigroup Inc. 0.88% 64,110 $4.6M New
GEHC GE Healthcare Technology 0.85% 54,293 $4.4M Reduce -14.6%
LLY Eli Lilly & Co. 0.84% 5,292 $4.4M Add +0.7%
ASML ASML Holding NV-NY Reg SHS 0.84% 6,547 $4.3M Add +9.9%
CFG Citizens Financial Group 0.82% 103,879 $4.3M Add +2.3%
SNV Synovus Financial Corp. 0.80% 87,746 $4.1M Reduce -0.9%
OMF Onemain Holdings Inc. 0.78% 82,786 $4.0M Add +1.4%
AZN Astrazeneca PLC-Spons ADR 0.77% 54,170 $4.0M Add +1.2%
BKNG Booking Holdings Inc. 0.74% 828 $3.8M Add +4.3%
JNJ Johnson & Johnson 0.74% 22,996 $3.8M Reduce -32.5%
CROX Crocs Inc. 0.73% 35,698 $3.8M Add +15.2%
XOM Exxon Mobil Corp. 0.71% 30,830 $3.7M Reduce -0.7%
IR Ingersoll-Rand Inc. 0.71% 45,799 $3.7M Add +6.1%
TEL Te Connectivity PLC 0.71% 25,817 $3.6M Add +2.0%
ACN Accenture PLC Class A 0.70% 11,550 $3.6M Add +7.8%
WFC Wells Fargo & Co. 0.69% 49,389 $3.5M Add +1.3%
APH Amphenol Corp. Class A 0.68% 53,979 $3.5M Add +35.1%
PWR Quanta Services Inc. 0.67% 13,662 $3.5M Add +49.6%
NEE Nextera Energy Inc. 0.67% 48,796 $3.5M Add +2.6%
FISV Fiserv Inc. 0.64% 14,928 $3.3M Add +2.0%
NOC Northrop Grumman Corp. 0.62% 6,277 $3.2M Add +0.8%
AMD Advanced Micro Devices 0.61% 30,871 $3.2M Add +1.6%
DELL Dell Technologies -C 0.60% 33,997 $3.1M New
SHEL Shell PLC-ADR 0.52% 36,415 $2.7M Reduce -26.0%
REGN Regeneron Pharmaceuticals 0.49% 3,995 $2.5M Add +13.6%
MS Morgan Stanley 0.48% 21,155 $2.5M Add +2.4%
SNPS Synopsys Inc. 0.47% 5,689 $2.4M Add +1.7%
CRWD CrowdStrike Holdings Inc. Class A 0.47% 6,855 $2.4M New
HON Honeywell International Inc. 0.47% 11,395 $2.4M Reduce -28.5%
EXP Eagle Materials Inc. 0.45% 10,481 $2.3M Add +9.1%
KKR KKR & Co. Inc. 0.45% 20,069 $2.3M New
PG The Procter & Gamble Co. 0.43% 13,171 $2.2M Reduce -32.8%
DUK Duke Energy Corp. 0.43% 18,389 $2.2M Reduce -35.6%
JPM JPMorgan Chase & Co. 0.43% 9,038 $2.2M Add +0.5%
MEDP Medpace Holdings Inc. 0.43% 7,264 $2.2M New
BLDR Builders Firstsource Inc. 0.43% 17,655 $2.2M New
TFC Truist Financial Corp. 0.42% 52,983 $2.2M Reduce -48.1%
LRCX Lam Research Corp. 0.42% 29,970 $2.2M New
DKNG Draftkings Inc. Class A 0.40% 63,084 $2.1M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.40% 21,119 $2.1M Add +2.0%
FITB Fifth Third Bancorp 0.40% 52,764 $2.1M Reduce -25.3%
PNC PNC Financial Services Group 0.40% 11,720 $2.1M No change
ONON On Holding AG Class A filed as ON HLDG AG 0.33% 38,563 $1.7M Reduce -15.0%
ABBV Abbvie Inc. 0.21% 5,187 $1.1M Reduce -0.1%
HYMB SS SPDR N Ice HY Muni ETF 0.19% 39,404 $994K No change
COST Costco Wholesale Corp. 0.13% 729 $689K Reduce -0.3%
ET Energy Transfer LP 0.13% 36,500 $679K Add +9.0%
HD Home Depot Inc. 0.13% 1,780 $652K Reduce -1.4%
RSP Invesco S&P 500 Equal Weight 0.08% 2,451 $425K Add +22.6%
BRK.B Berkshire Hathaway Inc. Class B 0.07% 710 $378K Add +0.4%
NVO Novo-Nordisk A/S-Spons ADR 0.07% 5,336 $371K Add +0.7%
GOOGL Alphabet Inc. Class A 0.07% 2,374 $367K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.07% 641 $359K Add +66.1%
SCHG Schwab US Large-Cap Growth 0.07% 13,716 $343K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 2,650 $323K Reduce -4.6%
SHW The Sherwin-Williams Co. 0.06% 916 $320K Reduce -1.1%
ADP Automatic Data Processing 0.06% 1,027 $315K Reduce -1.0%
VIG Vanguard Dividend Apprec ETF 0.06% 1,516 $294K No change
IWM iShares Russell 2000 ETF 0.06% 1,443 $288K Reduce -12.0%
TMO Thermo Fisher Scientific Inc. 0.05% 547 $272K No change
WMT Walmart Inc. 0.05% 2,938 $258K Add +0.2%
LIN Linde PLC 0.05% 542 $252K Add +1.3%
CTBI Community Trust Bancorp Inc. 0.05% 4,963 $252K New
MDLZ Mondelez International Inc. Class A 0.05% 3,641 $247K No change

Show all 106 holdings

Portfolio Sells Q4 2024 → Q1 2025
IJR iShares Core S&P Small-Cap E Reduce -20.3% 3.03% −1.06
MRK Merck & Co. Inc. Sold out 0.00% −0.88
SCHR Schwab Intermediate-Term US Sold out 0.00% −0.83
NVDA Nvidia Corp. Reduce -0.3% 3.47% −0.74
LMT Lockheed Martin Corp. Sold out 0.00% −0.66
ULTA Ulta Beauty Inc. Sold out 0.00% −0.47
TGT Target Corp. Sold out 0.00% −0.44
TFC Truist Financial Corp. Reduce -48.1% 0.42% −0.42
GNRC Generac Holdings Inc. Sold out 0.00% −0.36
AAPL Apple Inc. Reduce -0.0% 2.39% −0.24
LULU Lululemon Athletica Inc. Sold out 0.00% −0.23
HON Honeywell International Inc. Reduce -28.5% 0.47% −0.21
JNJ Johnson & Johnson Reduce -32.5% 0.74% −0.19
PG The Procter & Gamble Co. Reduce -32.8% 0.43% −0.19
FITB Fifth Third Bancorp Reduce -25.3% 0.40% −0.16
IQV Iqvia Holdings Inc. Sold out 0.00% −0.16
DUK Duke Energy Corp. Reduce -35.6% 0.43% −0.15
ONON On Holding AG Class A Reduce -15.0% 0.33% −0.14
GEHC GE Healthcare Technology Reduce -14.6% 0.85% −0.09
SHEL Shell PLC-ADR Reduce -26.0% 0.52% −0.07
SNV Synovus Financial Corp. Reduce -0.9% 0.80% −0.06
P Everpure Inc. Class A Sold out 0.00% −0.05
ORCL Oracle Corp. Sold out 0.00% −0.04
BAC Bank of America Corp. Reduce -0.3% 1.12% −0.04
IWM iShares Russell 2000 ETF Reduce -12.0% 0.06% −0.01
HD Home Depot Inc. Reduce -1.4% 0.13% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -6.7% 0.04% −0.00
MUB iShares National Muni Bond E Reduce -1.3% 4.26% −0.00
TJX TJX Companies Inc. Reduce -4.6% 0.06% −0.00
LHX L3HARRIS Technologies Inc. Reduce -1.4% 0.05% +0.00
SHW The Sherwin-Williams Co. Reduce -1.1% 0.06% +0.00
ADP Automatic Data Processing Reduce -1.0% 0.06% +0.00
STE Steris PLC Reduce -0.5% 0.04% +0.00
COST Costco Wholesale Corp. Reduce -0.3% 0.13% +0.01
ABBV Abbvie Inc. Reduce -0.1% 0.21% +0.04
IGIB iShares 5-10Y Inv Grade Corp. Reduce -0.7% 1.17% +0.04
XOM Exxon Mobil Corp. Reduce -0.7% 0.71% +0.08

Portfolio Buys Q4 2024 → Q1 2025
IVV iShares Core S&P 500 ETF Add +20.7% 9.12% +1.38
C Citigroup Inc. New 0.88% +0.88
TMSL T.rowe PRC Small-Mid Cap ETF Add +159.4% 1.32% +0.80
DELL Dell Technologies -C New 0.60% +0.60
JMUB JPMorgan Municipal ETF Add +8.9% 5.46% +0.53
VCSH Vanguard S/T Corp. Bond ETF Add +15.5% 2.98% +0.49
CRWD CrowdStrike Holdings Inc. Class A New 0.47% +0.47
BINC iShares Flex I A ETF-Usd Inc. Add +99.7% 0.90% +0.46
KKR KKR & Co. Inc. New 0.45% +0.45
ELV Elevance Health Inc. Add +31.6% 1.21% +0.45
MEDP Medpace Holdings Inc. New 0.43% +0.43
BLDR Builders Firstsource Inc. New 0.43% +0.43
LRCX Lam Research Corp. New 0.42% +0.42
JMBS Janus Henderson Mortg Backed Add +18.1% 2.18% +0.42
DKNG Draftkings Inc. Class A New 0.40% +0.40
UBER Uber Technologies Inc. Add +2.9% 1.55% +0.33
V Visa Inc. Class A Add +0.9% 1.66% +0.21
HCA HCA Healthcare Inc. Add +0.5% 1.14% +0.18
UNH Unitedhealth Group Inc. Add +5.8% 1.58% +0.17
APH Amphenol Corp. Class A Add +35.1% 0.68% +0.16
MELI MercadoLibre Inc. Add +2.5% 0.93% +0.16
PWR Quanta Services Inc. Add +49.6% 0.67% +0.13
NFLX Netflix Inc. Add +0.8% 1.58% +0.12
AZN Astrazeneca PLC-Spons ADR Add +1.2% 0.77% +0.11
CROX Crocs Inc. Add +15.2% 0.73% +0.09
LLY Eli Lilly & Co. Add +0.7% 0.84% +0.08
FISV Fiserv Inc. Add +2.0% 0.64% +0.07
NOC Northrop Grumman Corp. Add +0.8% 0.62% +0.07
TSCO Tractor Supply Company Add +1.0% 0.96% +0.07
ASML ASML Holding NV-NY Reg SHS Add +9.9% 0.84% +0.06
META Meta Platforms Inc. Class A Add +1.3% 2.61% +0.05
FANG Diamondback Energy Inc. Add +5.2% 1.06% +0.05
CTBI Community Trust Bancorp Inc. New 0.05% +0.05
IJH iShares Core S&P Midcap ETF New 0.04% +0.04
DE Deere & Co. New 0.04% +0.04
DVY iShares Select Dividend ETF New 0.04% +0.04
WFC Wells Fargo & Co. Add +1.3% 0.69% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +66.1% 0.07% +0.03
NEE Nextera Energy Inc. Add +2.6% 0.67% +0.02
TEL Te Connectivity PLC Add +2.0% 0.71% +0.02
JPM JPMorgan Chase & Co. Add +0.5% 0.43% +0.02
PEP Pepsico Inc. Add +2.2% 0.90% +0.02
REGN Regeneron Pharmaceuticals Add +13.6% 0.49% +0.02
RSP Invesco S&P 500 Equal Weight Add +22.6% 0.08% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +0.4% 0.07% +0.01
ET Energy Transfer LP Add +9.0% 0.13% +0.01
LIN Linde PLC Add +1.3% 0.05% +0.01
LOW Lowe's Cos Inc. Add +3.8% 0.96% +0.00
EXP Eagle Materials Inc. Add +9.1% 0.45% +0.00
WMT Walmart Inc. Add +0.2% 0.05% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 109$780.9MIVV, JMUB, NVDA, GOOG, PANW
Q1 2026 110$712.1MIVV, JMUB, NVDA, GOOG, TMSL
Q4 2025 111$708.8MIVV, JMUB, NVDA, GOOG, AVGO
Q3 2025 109$668.0MIVV, NVDA, JMUB, GOOG, MSFT
Q2 2025 109$600.2MIVV, NVDA, JMUB, META, MSFT
Q1 2025 106$517.4MIVV, JMUB, MUB, NVDA, IJR
Q4 2024 104$529.4MIVV, JMUB, MUB, NVDA, IJR
Q3 2024 106$526.8MIVV, IJR, JMUB, MUB, NVDA
Q2 2024 96$488.6MIVV, IJR, MUB, NVDA, JMUB
Q1 2024 97$471.1MIVV, IJR, MUB, JMUB, NVDA